Tim Mattke Company began operations in 2012 and for simplicity reasons, adopted weighted-average pricing for inventory. In 2014, in accordance with other companies in its industry, Mattke changed its inventory pricing to FIFO. The pretax income data is reported below.

Year	Weighted-Average	FIFO
2012	$376,200	$396,400
2013	398,500	421,600
2014	419,700	452,100

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What is Mattkes net income in 2014? Assume a35% tax rate in all years.

Net Income

$610335